Jack Dorsey's Block reveals its own bitcoin mining system
Posted On April 25th, 2024, 12:20:00 AM ISTBlock, previously known as Square and led by Jack Dorsey, is expanding its operations in the bitcoin mining sector. The tech giant announced on Tuesday that it has successfully developed a standalone three-nanometer bitcoin mining chip. The design phase is currently in progress with a leading global semiconductor foundry. Block also plans to extend its project to include system design, aiming to democratize access to bitcoin mining.